Throughout the tenure of U.S. President Barack Obama, from
day one to the present, the Judiciary Report has advocated
austerity in government spending, a modest tax hike on the rich
and an increase manufacturing (Ben
Bernake Didn't See The Financial Crisis Coming) to
counteract and reverse the 2008 financial crisis that happened
due to the damaging policies of former Commander-in-Chief,
George W. Bush (How
George Bush Destroyed The U.S. Economy). However, Obama
did the exact opposite and to America's detriment.

Under the influence of incompetent, mentally ill Hollywood,
who’ve spend more time in the White House than any other group
combined, Obama used the entertainment industry’s motto of
“you’ve got to spend money to make money” and “buy your way out
of trouble.” And so, the Obama Administration splashed the cash.
Today we see the end result of that folly. America is deeper in
debt than it has ever been in the nation’s entire 400-year
history. America’s national debt is approaching $19 trillion
dollars.

Under Obama’s record spending, he has set in motion what is
on track to cause the financial collapse of the federal
government. On its current course, a time is coming when there
will not be enough money to keep the federal government afloat
and it will financially collapse.

To make matters worse, some of Obama’s campaign donors and
cronies have looted the U.S. treasury, via shady backend deals
that have made them wealthy at the expense of the American
taxpayers. They were not entitled to this money. More
constructive things could have been done with said stolen funds
to benefit the nation, rather than a group of greedy,
unpatriotic, thieving scoundrels.

The U.S. stock market is completely unstable, experiencing
rollercoaster type activity and massive declines that wiped away
$2.3 trillion dollars in one year. America’s top companies are
in decline. Walmart, a top grossing American company, is closing
269 stores domestically and worldwide, which will result in
16,000 people losing their jobs. Apple is experiencing serious
stock and sales declines. Other companies in the tech sector,
such as Oracle, HP, Twitter and Facebook are also experiencing
sales and stock declines. Apple has lost $44.7 billion dollars
in value, as sales have weakened.

American banks Citigroup, Bank of America, Wells Fargo and JP
Morgan Chase have all lost billions of dollars in value.
Foreclosures are also up again in America, revealing the
government has not properly addressed the financial and mortgage
crisis of 2008 that is rebooting itself and causing misery among
homeowners.

Food prices in America are high. I’ve discovered food prices
in Britain are on average 30% lower than America. Every American
I know is complaining about food prices. It’s not a good sign
when working class people can’t afford food. That is a tell tale
sign the economy is not in a good way. It also necessitates the
need for more food stamps to prevent people from going hungry,
which means the government is underwriting that as well, due to
the administration's poor handling of the economy.

Unemployment is up. However, reports indicate the Obama
Administration has been falsifying numbers and removing millions
of unemployed people from national financial data to give a
false impression. These millions are incorrectly branded
individuals who have given up on finding a job. However, they
are still among the unemployed and should be included in the
official tally to correctly gauge the financial problems facing
the nation. How do you possibly fix a problem you refuse to
acknowledge exists.

The corruption and costly illegal spying by the U.S.
government has reached an all time high. Obama is blanket spying
on the American people, which is unconscionable and perverse.
Obama is also illegally spying on Congress to great degrees,
which is criminal. Where are the famed "checks and balances" and
the "separation of powers" when the president is behaving like a
dictator in spying on everyone and trying to control everything.

America is supposed to have three branches of government -
executive (president), legislative (Congress) and the judicial
(courts). Right now, America only has one, the executive branch,
that is spying on, browbeating, bullying and coercing the other
two branches into submission and corruption...and to terrible
economic results.

During Obama’s final State of the Union Address last week,
the president stated America’s military is the most advanced in
the world, but he is completely wrong. The Chinese military is
far more technologically advanced. There was an incident that
revealed the Chinese military has become far superior in the
technological realm.

The U.S. Navy was conducting a military exercise in the
Pacific Ocean using a technologically advanced American
submarine. However, a Chinese submarine with even greater
technological capabilities surfaced right beside the American
sub and went completely undetected until the U.S. military
literally saw it with their own eyes above water. That's just a
fraction of what their technology can do. China has also made
great strides in space weaponry as well.

America is also not self sustaining. China is a fully
functional economy and nation in every aspect, producing all the
food and technology it needs. America does not produce even ½
the food the nation consumes or the majority of the electronics
the country uses. Most electronics in America comes from China,
which became a global force in the past 5-years due to exemplary
manufacturing standards that generated trillions in revenues.
Fair is fair. They made the products and deserved to be paid for
them. I'm not complaining, as I use Chinese products all the
time. The point I'm trying to make is America does not occupy
the same place it once did in the world and the government
refusing to realize that will not help the nation progress.

The U.S. government is spending so much time, manpower and
money on fruitless wars in the Middle East, the nation cannot
afford to respond appropriately if something truly horrible
happens on a global scale. It is a mass of wasted time, money
and resources. All the money going into these wars could have
greatly improved America's businesses, schools, homes and
general infrastructure, making the country stronger.

There are many imbalances in the U.S. government and economy
that need to be corrected. Yet the Obama Administration is in
denial and has not remedied the serious problems facing America.
You don’t fix problems by covering them up and proverbially
"kicking the can down the road" to the next administration, as
Bush did and Obama is doing. It just results in a bigger mess
and greater problems eroding the nation.

Obama has and continues to devote an extraordinary amount of
time in dogmatic, obsessive and alarming bids at destroying his
perceived enemies, conservatives, than he does America's
enemies, ISIS. It's sad that Obama has spent more time attacking
conservatives and Christians in America than he has ISIS.

Meanwhile, reports keep surfacing that Obama continues to use
federal agencies like the IRS to financially abuse and attack
conservatives and Christians in America. Take a look at Obama's
interviews and press clippings over the past year. The majority
of his comments are devoted to attacking conservatives, who bear
in mind, are Americans. It simply doesn't look right.

STORY SOURCE

A recession worse than 2008 is
coming

January 15, 2016 - The S&P 500 has begun 2016 with its worst
performance ever. This has prompted Wall Street apologists to
come out in full force and try to explain why the chaos in
global currencies and equities will not be a repeat of 2008. Nor
do they want investors to believe this environment is
commensurate with the dot-com bubble bursting. They claim the
current turmoil in China is not even comparable to the 1997
Asian debt crisis.

Indeed, the unscrupulous individuals that dominate financial
institutions and governments seldom predict a down-tick on Wall
Street, so don't expect them to warn of the impending global
recession and market mayhem. But a recession has occurred in the
U.S. about every five years, on average, since the end of WWII;
and it has been seven years since the last one — we are overdue.

Most importantly, the average market drop during the peak to
trough of the last 6 recessions has been 37 percent. That would
take the S&P 500 down to 1,300; if this next recession were to
be just of the average variety. But this one will be worse...

The uninvited guest: Chinese
sub pops up in middle of U.S. Navy exercise, leaving military
chiefs red-faced

Last updated at 00:13 10 November 2007 - When the U.S. Navy
deploys a battle fleet on exercises, it takes the security of
its aircraft carriers very seriously indeed. At least a dozen
warships provide a physical guard while the technical wizardry
of the world's only military superpower offers an invisible
shield to detect and deter any intruders.

That is the theory. Or, rather, was the theory. American
military chiefs have been left dumbstruck by an undetected
Chinese submarine popping up at the heart of a recent Pacific
exercise and close to the vast U.S.S. Kitty Hawk - a 1,000ft
supercarrier with 4,500 personnel on board. By the time it
surfaced the 160ft Song Class diesel-electric attack submarine
is understood to have sailed within viable range for launching
torpedoes or missiles at the carrier.

According to senior Nato officials the incident caused
consternation in the U.S. Navy. The Americans had no idea
China's fast-growing submarine fleet had reached such a level of
sophistication, or that it posed such a threat. One Nato figure
said the effect was "as big a shock as the Russians launching
Sputnik" - a reference to the Soviet Union's first orbiting
satellite in 1957 which marked the start of the space age. The
incident, which took place in the ocean between southern Japan
and Taiwan, is a major embarrassment for the Pentagon...

Jan 15, 6:00 PM EST - NEW YORK (AP) -- Wal-Mart is doing some
rare pruning. The world's largest retailer is closing 269
stores, including 154 in the U.S. that includes all of its
locations under its smallest-format concept store called
Wal-Mart Express. The other big chunk is in its challenging
Brazilian market.

The stores being shuttered account for a fraction of the
company's 11,000 stores worldwide and less than 1 percent of its
global revenue. Wal-Mart Stores Inc. said the store closures
will affect 16,000 workers, 10,000 of them in the U.S. Its
global workforce is 2.2 million, 1.4 million in the U.S. alone.
The store closures will start at the end of the month...

7:22 p.m. EST January 15, 2016 - The stock market rout is
starting to get really expensive — destroying $2.3 trillion from
the market's top last year and $1.5 trillion in net wealth just
this year. The giant companies that predominantly populate the
Standard & Poor's 500 have fallen an average of 8.9% this year —
which, when translated into dollars, is real money. Real big
money. The S&P 500 is down 8% this year already — including
another 2.2% Friday — in what's been the worst start to a year
ever. Since the market peak on May 21, 2015, the market has
declined 11.7%.

The biggest wealth destroyers in the S&P 500 from the high
have been gadget maker Apple (AAPL), pipeline company Kinder
Morgan (KMI) and corporate software company Oracle (ORCL) —
crushing $218 billion, $63.5 billion and $49.8 billion in market
value, respectively, from the May 21, 2015, top.